UK Steel Production: Greensill Capital Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Nick Smith
Main Page: Nick Smith (Labour - Blaenau Gwent and Rhymney)Department Debates - View all Nick Smith's debates with the Department for Business, Energy and Industrial Strategy
(3 years, 10 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
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Kwasi Kwarteng
I would be very happy to work with my hon. Friend to protect jobs. She is doing a great job of representing her constituents. All I would say on this is that we published last week the industrial decarbonisation strategy, which is the first of its kind in the world, and we are absolutely committed to a continuing future for British steel.
Nick Smith (Blaenau Gwent) (Lab)
Liberty Steel has a diverse portfolio with a long supply chain. These jobs are often trade-unionised, so they have better pay. Losing them will have a big impact across our country. How will the Secretary of State protect the different elements of this complex company, such as the tubing plant in Tredegar in my Blaenau Gwent constituency, with its loyal and skilled workforce who have kept it going through tough times?
Kwasi Kwarteng
The hon. Gentleman is quite right. The company has a range of assets spread across England and Wales, in particular, and we are looking very closely at what specific assets and jobs are necessary. We hope to support the company in its entirety.